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This Is Your Market On Centrally-Planned Steroids
Deteriorating economic data? Check. No volume? Check. Increasing expectations the Fed will taper? Check. So what does a "stock market" do - it tags along to the USDJPY which ramps just because it bounces off the 101 algorithmic support level, and just happens to take the S&P up 10 points with it. Then EUR takes over for the ramp. New normal "trading"...
and crude...
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Tyler you missed out the Crude chart. Just silly
Mega POMO planned for tomorrow's EOM window dressing. I am not shorting today or tomorrow. (Plus as bonus for Mrs. Watanabe: tons of manipulated data from Japan later today.)
The big short is in october. Mark your calender
Oh holy jesus christ can we please stop with the mark your calendar bullshit? No one on here, Tyler included, has any fucking clue where this is going, or when.
I know where it's going - the shitter.
The only question is whether the shit will be on the ceiling or the floor.
At least once the central planners use their superior intellects and policies to get the supermarket shelves in the US looking like the ones in the 1960’s Soviet Union we won’t have to worry about eating too much GMO food.
http://www.realussr.com/ussr/in-the-grocery/
ZB will get a massie bid from October into Feb 2014. OR it will collapse. Either way SP gets it so mark your Calender
This is a market you can trade, you just can't invest. I just might sit out today and tomorrow and work on my suntan.
Or, you can buy some calls in the morning and get out by noon, POMO day style.
Some easy money for gardening (drinking beer in your garden) on a sunny weekend...
I'm eyeing the SPY w5 166.50 call for 0.40. If the market is flat the rest of the day then this may be a good buy going into tomorrow.
The SPX is on your radar.
It's all programmed in.
It literally is 'buy the ramp in EVERYTHING' this morning. Just brilliant. So...it must be a 'stock picker's market' then, I guess.
Thank you, Ben Bernanke, for this utterly ridiculous wasteland.
Yes. look at volume. The CBs are the only market participants of significance. Bigger POMO tommorrow. CBs frontrunning themselves...
Chart porn 101......bullish.....BTFD
The R/E market is in great shape. /s 07:00 USD Pending Home Sales (MoM) [0.3%] 1.1% 1.5%
Must have been a few juicy stops and they couldn't resist...
Stop trying to apply logic!!!!
Algos have feelings, too!
[$HUI is picking up, isn't that great? One day in the oh-so distant future I may even recoup my losses :-) But I'm not complaining, it's all good! ]
Jamie better get to work knocking down the paper gold price.
HEy !! i havent done all my metal shopping just yet
put that back where you found it immediatly !
its all good in the Fraudulent Market hood...
just keep stacking the shiny's....
that is all.
Looks pretty fuckin deseperate to me anyway.
Man, we've gone so far past full retard it ain't even funny any more.
Silver broke $23! Get Kevin Henry on the phone and bomb those fuckers back to 1971!
Shock --> Confusion --> Anger --> Bewilderment --> Amusement --> Boredom
or something like that.
I think we are way past boredom and into comatose.
"Oh holy jesus christ can we please stop with the mark your calendar bullshit? No one on here, Tyler included, has any fucking clue where this is going, or when."
Correction: Ben, Jamie and Lloyd know EXACTLY when and where this market is going...
Please tell me which avatar's are theirs.
LOL!
This is getting quite interesting. Is the market trying to set up to allow the Fed to expand QE4EVA to $100B/month?
http://www.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=logarithmic&chdeh=1&chfdeh=0&chdet=1369944000000&chddm=1172.9999999999997&chls=IntervalBasedLine&cmpto=NYSEARCA:USO&cmptdms=0&q=NYSEARCA:SPY&&fct=big&ei=i2KnUej-As2g0AGnMQ
The fed is going over 100 bil a month to bail out the reprecussions from Japan....then 200 bil....
There was no QE happeneing when Lehman tanked. This time around it's not a bank, it's a country, and this is how they will try to stop it.
MSN.com tells me that "Stock rise as stimulus fears ease".
They left the 's' off of stocks, not me.
BTFD. Please do not worry.
NEWSFLASH:
Bad news this morning as Ben Bernank got sucked into his superprinter BTFD-3000.
Better Than Expected news though is that he popped out the other end as the first Trillion dollar FED note in US history. As he popped out of the printer he was a bit disoriented and was heard mumbling something like "jamie, jamie, I'm richer than you".
"Bad news......superprinter BTFD-3000".
+1
.. that's Rich...does it come in a 3D version?
Call it what you will, I will call it an outright fraud and that is all one needs to know!
This is your market on Bencoins.
when steroids ab-users have to stop their drug use because of health issues -internal organ blowing up etc- they quickly shrink back to their natural old 160 lbs self.
"Increaseing expectations the Fed will taper. Check."
Huh...????
By who?